Management Changes
Brisbane, May 3, 2018 AEST (ABN Newswire) - Sayona Mining Limited (
ASX:SYA) (DMNXF:OTCMKTS) ("Sayona" or the "Company") announces that Mr Corey Nolan has tendered his resignation as Chief Executive Officer ("CEO"). Mr Nolan will continue in his role until the completion of the Definitive Feasibility Study ("DFS") which is expected in June 2018.
Sayona intends to continue to strengthen its skill mix as it shifts its focus to construction and production at the Authier Lithium Project.
The Board would like to thank Mr Nolan for his contribution to the Company during his tenure as CEO which included the acquisition of Sayona's flagship Authier Lithium Project in Canada. Following the current capital raising, the Company will be wellfunded and positioned to become one of Canada's next producers of lithium concentrates. We wish Mr Nolan all the very best in his future endeavours.
Mr Dan O'Neill will continue as the Managing Director of the Company. With the Board's extensive experience in developing lithium projects, it will continue to advance the project while Corey transitions out of his role.
No replacement has been announced as yet, but the company is reviewing the most appropriate management structure going forward as the company enters the construction phase of the project, post the release of the DFS. Further announcements will be made in due course.
About Elevra Lithium Limited
Elevra Lithium Limited is a North American lithium producer (ASX:ELV) (NASDAQ:ELVR) OTCMKTS:SYAXF) with projects in Quebec, Canada, United States, Ghana and Western Australia. In Quebec, Elevra's assets comprise North American Lithium (100%) and a 60% stake in the Moblan Lithium Project in Northern Quebec. In the United States, Elevra has the Carolina Lithium project (100%) and in Ghana the Ewoyaa Lithium project (22.5%) in joint venture with Atlantic Lithium. In Western Australia, the Company holds a large tenement portfolio in the Pilbara region prospective for gold and lithium.
| ||
|
